Debt information
The Group’s financial risk management is centralized to capitalize on economies of scale and synergy effects, and to minimize operational risks.
Key figures 2017
Net debt/EBITA: 1.9
Average maturity of borrowing: 4.3 years
Average interest maturity: 4.9 years
Fixed loans: 93.1%
Floating loans: 6.9%
Maturity profile of interest bearing liabilities
Most of Swedish Match’s financing consists of a global medium-term note program (MTN). At December 31, 2017, a total of 11,553 MSEK of the global medium-term note program was outstanding. The average maturity of the Group’s bond borrowing at December 31, 2017 was 4,9 years.
Swedish Match has had a long-term rating from Standard & Poor's since 1997 and Moody's Investor Service since 1999.
